Management Accountant

Job Advert Summary

Clover is looking for a Management Accountant to support the business with financial planning, procedures, controls and analysis to minimize cost and maximize growth. This position is based at Clover Head Office in Roodepoort.

Minimum Requirements

• Degreein Management Accounting/Accounting/Accounting Sciences/Cost Accounting/Finance
• Honours degree or Postgraduate qualification in the above fields will be advantageous
• Studying towards CIMA certification will be advantageous
• 5 years' relevant experience
• Business English: Fluent
• Experience in working with senior management
• Computer literacy (Advanced)

Duties and Responsibilities

Maintain policy and procedures

• Draft financial policies and procedures when and where required
• Maintain policies and procedures
• Train staff to work according to the policies and procedures
• Ensure that all financial actions adhere to corporate governance and compliance

Maintain and control business systems

• Ensure integrity of all system data input
• Ensure compliance with audit standards
• Ensure proper handling of source documentation
• Timeous handling of all transactions
• Maintain daily/weekly/monthly and year end system procedure

Manage finance processes for business units and affiliate companies

• Manage the income statement (e.g. Trial balance control, budget targets & cost variance)
• Control Debtors and Creditors, Stock and Assets
• Ensure that accounts are paid on time & control spending
• Assist where required with Secondary and Masakhane financials – month end processing and reporting

Completion of financial and management reports

• Ensure accurate and timeous financial reporting
• Complete year end schedules for company auditors
• Provide variance and management reports when & where required
• Control cost variations from the budgeted figures to ensure sound financial control
• Report any undue actions that may occur in a department
• Ensure that financials are reported on due dates, correct and accurate to all relevant Managers as required

Perform Cost and Management accounting functions

• Provide tariffs for services to new and in-house customers
• Perform profit and loss analysis & presentations for various projects (operational, capital & project tracking)
• Perform profit and loss forecast for Management

Develop and maintain KPI's (Key Performance Indicators)

• Ensure all KPI's are specific, measurable, achievable, relevant, timeous (SMART concept)
• Develop new financial and operational/management KPI's
• Collate and store data to ensure relevant KPI's
• Manage KPI's to support management

Manage risk and contract according to companies’ policy

• Ensure that the company adheres to all its contracts
• Negotiate new contracts and tariffs where applicable
• Ensure that the company is not unduly at risk due to actions within the division or company

Manage and control the Budget processes

• Manage and control the annual budget process and principles
• Ensure that the intended and final budget is uploaded into the company's required system/s
• Ensure that the budget is accurate, relevant and presented to management

Manage staff

• Coordinate daily activities of personnel
• Conduct performance management and individual development programs
• Coordinate training and development